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CBC Mortgage Agency
Founded in May 2013, CBCMA is a subsidiary of Cedar Band Corporation, chartered by the U.S. Department of the Interior and owned by the Cedar Band of Paiutes, a federally recognized American Indian band. CBCMA, like many other governmental housing agencies, provides down payment assistance to borrowers seeking to finance the purchase of a home. CBCMA's down payment assistance has helped thousands of borrowers achieve the dream of homeownership. CBCMA's distributions benefit the Cedar Band, which uses them to fund economic, cultural, and educational programs, and to maintain the Cedar Band's buildings on a reservation that provides little in terms of natural resources and economic opportunity.
Purpose
To increase homeownership opportunities for all Americans
Vision
To be the premier down payment assistance provider in the nation, by offering better terms and easier processes coupled with reduced risks to lenders.
Mission
As a federally chartered, public purpose, government agency, we work to increase access to affordable, responsible, and sustainable homeownership opportunities for credit worthy individuals who lack down payment funds. Our commitments: Loyalty - We are devoted to earning the loyalty of our customers by providing superior customer service and developing positive relationships with those we serve. Equality - We are committed to equitable access to credit by providing assistance to all races, ethnic groups, and decreasing the racial wealth gap through homeownership. Strengthening Communities - We provide inspiration and innovation to build strong communities one home at a time resulting in better social outcomes, for underserved neighborhoods Empowerment - We are committed to educating and empowering individuals to create intergenerational familial wealth through homeownership.